Cadre (CDRE) to Release Earnings on Wednesday

Cadre (NYSE:CDRE) is scheduled to post its quarterly earnings results after the market closes on Wednesday, November 6th. Analysts expect Cadre to post earnings of $0.07 per share for the quarter. Cadre has set its FY 2024 guidance at EPS.Individual that are interested in registering for the company’s earnings conference call can do so using this link.

Cadre (NYSE:CDRE) last announced its quarterly earnings results on Friday, August 9th. The company reported $0.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.27 by $0.04. The business had revenue of $144.31 million during the quarter, compared to the consensus estimate of $142.06 million. Cadre had a net margin of 7.55% and a return on equity of 17.45%. The business’s revenue was up 19.2% compared to the same quarter last year. During the same quarter last year, the firm posted $0.29 EPS. On average, analysts expect Cadre to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Cadre Stock Down 0.9 %

CDRE stock opened at $34.88 on Tuesday. The company has a current ratio of 3.17, a quick ratio of 2.14 and a debt-to-equity ratio of 0.66. The company’s 50-day moving average price is $36.94 and its 200 day moving average price is $34.89. Cadre has a 52 week low of $27.99 and a 52 week high of $40.28. The company has a market cap of $1.42 billion, a P/E ratio of 33.86, a P/E/G ratio of 2.09 and a beta of 1.30.

Cadre Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, November 15th. Stockholders of record on Friday, November 1st will be paid a dividend of $0.0875 per share. This represents a $0.35 annualized dividend and a dividend yield of 1.00%. The ex-dividend date is Friday, November 1st. Cadre’s dividend payout ratio (DPR) is 33.98%.

Cadre Company Profile

Cadre Holdings, Inc manufactures and distributes safety that provides protection to users in hazardous or life-threatening situations in the United States and internationally. The company operates in two segments, Products and Distribution. It offers body armor product, such as concealable, corrections, and tactical armor under the Safariland and Protech Tactical brand names; survival suits, remotely operated vehicles, specialty tools, blast sensors, accessories, and vehicle blast attenuation seats for bomb safety technicians; bomb suits; duty gear, including belts and accessories; and other protective equipment comprising communications gear, forensic and investigation products, firearms cleaning solutions, and crowd control products.